Sell LTC/USDT – 4H – SELL

Furthermore a indicator signal is existing. The indicator shows ”. which could be a negative chart signal. The currency pair could go down.

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Furthermore a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair could go down.

Furthermore a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is expected. Current target is 56.8968 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 57.71 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Bearish Separating Lines’ candle pattern is found. The chart forms ‘Bearish Separating Lines’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Separating Lines’ heading down is 63% (Bull Market) & 76% (Bear Market).

Support & Resistance Price Range*
3rd High 59
2nd High 58.71
Next High 57.71
Current Price 56.820000000
Next Low 54.760000000
2nd Low 54.35
3rd Low 53.91

56.43 – 56.03 – 57.71 – 54.760000000 – 54.84 – 54.35 —
55.270000000 – 57.250000000 —
45.739182302808 – 70.966738761478 —
54.760000000 – 1777939200 —
56.43 – 1777867200

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